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Gràcia 31
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5 in the pipeline · 4 markets
© 2026 Ittai Savran. All rights reserved.3e6598b · 8 Sept, 19:39 Madrid

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Gràcia 31

0d in stage· 24 unitsHigh priority

The pipeline still lists this deal's yield on cost and stabilised NOI from an earlier run of the plan.

This page and the documents compute from the plan as it is now; the pipeline reads a cached copy, written the last time the figures were synced.

Write the figures to the deal on the Returns tab — any edit to the plan does it too.

LP IRR
5,4 %
i

Cost and returns quoted on — change

Asking
TPC
6.287.041 €
261.960 € / unit
NextNext action16 Sept 20268d left·

Why this is a good deal

24 flats over a shuttered pharmacy, four minutes from Fontana. Why it is available: two brothers inherited it, neither lives in Barcelona, and the building has been half empty for three years. What we do: refurbish to the house spec, run eighteen short-let and six on annual tenancies, refinance in year three. What has to be true: · The pharmacy licence lapses cleanly and the ground floor lets as a local. · Short-let permits transfer — the building already holds two. · The cédula arrives before the notary date.

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  • Oriol MasMe interesa. Pongo 500.000 si el edificio es el que creo. ¿Hablamos mañana?2

The house's read

  • 24 units and nobody on the payroll — the management fee is carrying the whole operation, and at this size it usually cannot.open
  • Debt service coverage is 1,21× on the 55% LTV basis — under the 1,25× a lender will want to see.open

Nothing yet in , or .

Follow-upball with counterparty · next 16 Sept 2026
Notes & risksnotes